Ur-Energy (URE) Trading Down 1.1% After Insider Selling

Ur-Energy Inc. (TSE:URE) (NYSE:URG) dropped 1.1% on Wednesday following insider selling activity. The stock traded as low as C$0.83 and last traded at C$0.87. Approximately 175,875 shares were traded during trading, an increase of 115% from the average daily volume of 81,734 shares. The stock had previously closed at C$0.88.

Specifically, Director Paul Macdonell sold 68,763 shares of Ur-Energy stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of C$0.88, for a total transaction of C$60,511.44.

URE has been the topic of several research analyst reports. B. Riley reiterated a “buy” rating on shares of Ur-Energy in a research report on Monday, November 6th. HC Wainwright reiterated a “buy” rating on shares of Ur-Energy in a research report on Monday, October 16th.

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About Ur-Energy

Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.